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You have been provided with the following information: Total Sales $ 102, 000 Less variable expenses 60, 000 Contribution margin 42, 000 Less fixed expenses

You have been provided with the following information: Total Sales $ 102, 000 Less variable expenses 60, 000 Contribution margin 42, 000 Less fixed expenses 28, 000 Operating profit $ 14, 000 If sales decrease by 10%, what level of fixed costs will maintain the current operating profit? Multiple Choice $28,000 $14,000 $25,600 $23,800

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